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Opinion: A Low Score for Credit Bureaus
(Aug. 18) -- When President Barack Obama signed the financial reform bill into law in July, it definitely seemed like a sign of real change. But, as it stands now, it just looks like more of the same. We all want to see Wall Street excesses reined in and a future financial collapse avoided, but, as it turns out, the new...
New Rule to Shed Light on Free Credit Report System
(March 16) -- It's not just that those pesky "free" credit report Web sites can snooker you into buying credit services. The federal government's own official, authorized Web site, where consumers are really supposed to get a free credit report -- no questions asked -- is also a minefield of credit service...
Md. Considers Ban on 'Bad Credit-No Job' Link
(Jan. 28) – While President Obama tackles high unemployment across the country, lawmakers in Maryland want to put a stop to what some believe keeps a lot of people from getting a job – bad credit. "Having bad credit does not make someone a bad person," said Kirill Reznik, a Democratic member of the Maryland...
Background on credit report
Credit history or credit report is, in many countries, a negative record of an individual's or company's past borrowing and repaying, including information about late payments and bankruptcy.
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